OFF MARKET

524 Ringwood-Warrandyte Road
Park Orchards VIC 3114

Bedrooms: 7
Bathrooms: 4
Car spaces: 10
Land area: 58000m2
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Property Details for 524 Ringwood-Warrandyte Rd, Park Orchards

524 Ringwood-Warrandyte Rd, Park Orchards is a 7 bedroom, 4 bathroom House with 10 parking spaces. The property has a land size of 58000m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Land Size
58000m2
Local Government
Manningham
Lot/Plan
1/TP115244

Last Listing description (February 2024)

Presenting a truly rare offering of more than 14 acres, this landmark opportunity encompasses two separate residences, including a classic period home and an impressive entertainers' home with swimming pool. Set amidst an inviting parkland estate with manicured rolling lawns, the expansive block also includes lush bushland, a secure paddock and a private stretch of Andersons Creek, creating an idyllic prospect for tranquil rural living with the lifestyle convenience of Park Orchards.

Framed by landscaped gardens, the primary residence opens onto elegant separate formal living and dining rooms. A spacious separate games / rumpus room with wet bar opens directly to a sun-drenched north-facing side terrace, while a skylit family room flows out to an undercover alfresco entertaining area. Adjacent, a sparkling swimming pool overlooks an established citrus grove, while the grounds also showcase an array of mature fruit trees and a rose garden.

A generous country style timber kitchen includes an Asko dishwasher, twin stainless steel wall ovens and a 900mm gas cooktop, with ample storage space, a breakfast bar, and an adjacent casual meals area.

A large master bedroom with walk-in wardrobe and full ensuite opens directly out to the alfresco area. Three additional light-filled bedrooms are each equipped with built-in wardrobes, and are complemented by a central bathroom with separate bathtub and a separate W/C.

Featuring ducted reverse cycle air conditioning, hydronic heating, 3-phase power and a wine cellar, the main home also includes a substantial lock-up workshop, a tractor shed, and an oversized four car remote lock-up garage with internal and rear access.

Retaining elegant original period features and soaring high ceilings, the second residence comprises three large bedrooms, a living area with gas heater, a study, a central bathroom / laundry, and a generously proportioned kitchen with gas cooktop, Bosch dishwasher and a casual meals area. Securely fenced with its own direct driveway access, the home is surrounded by a family-friendly lawn with raised vegetable gardens and a lock-up shed. Presenting a range of potential uses, the second home would be ideal for harmonious multi-generational living, as a rental income stream, or to reside within whilst renovating the primary home if desired.

Situated just 750m from buses, the location is also positioned close to Yarra Valley Grammar, Luther College, Eastland, The Pines and Warrandyte village shopping and restaurants.

Property History for 524 Ringwood-Warrandyte Rd, Park Orchards, VIC 3114

A timeline of how this property has performed in the market
Last Sold
$2,150,000
04 Apr 2023
Listed for Rent
$370/w
12 Sep 2018
  • 04 Apr 2023
    Sold for $2,150,000
  • 10 Jan 2023
    Listed for Sale $2,150,000 - $2,350,000
  • 31 Aug 2018
    Listed for Rent $370 / week
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About Park Orchards 3114

The size of Park Orchards is approximately 9.5 square kilometres. It has 15 parks covering nearly 10.3% of total area. The population of Park Orchards in 2011 was 3,717 people. By 2016 the population was 3,810 showing a population growth of 2.5% in the area during that time. The predominant age group in Park Orchards is 10-19 years. Households in Park Orchards are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Park Orchards work in a professional occupation. In 2011, 95.1% of the homes in Park Orchards were owner-occupied compared with 93.8% in 2016.

Park Orchards has 1,364 properties. Over the last 5 years, Houses in Park Orchards have seen a 36.14% increase in median value. As at 31 August 2024:

  • The median value for Houses in Park Orchards is $1,835,027 while the median value for Units is $1,456,819.
  • Houses have a median rent of $1,200.
There are currently 9 properties listed for sale, and 1 property listed for rent in Park orchards on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Park orchards.

Suburb Insights for Park Orchards 3114

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.